2914 6th Ave Tacoma, WA 98406-6713
Property Lookup
Property profile & analytics
2914 6th Ave Tacoma, WA 98406-6713
- Retail space
- 5,250 SF
- 0.21 lot acres
Property ID
US90-0079740
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Komadre Kombucha / Big Box & Wholesale Store / Distribution Center
- Brass Monkey Tattoo Company / Tattoo & Piercing Shop
- Side Pony Lounge / Bar & Pub
- The Red Hot / Nightclub / Bar & Pub
Property Details for 2914 6th Ave
- Year built
- 1923
- Construction
- WOOD FRAME
- Lot size
- 0.21 lot acres
- Property size
- 5,250 SF
- Zone code
- NCX
- Property type
- Retail space
- APN
- 3245002800
- APU
- 3245002800
Description
This exceptional investment opportunity presents a 5,619 square foot, 100% occupied retail storefront located at 2914 6th Avenue in Tacoma, Washington. The property, built in 1923 and renovated in 2006, boasts a strong net operating income (NOI) of $123,516, yielding a 6.00% cap rate. The asking price is $2,050,000. This single-story building sits on a prominent corner lot in a thriving retail area, conveniently located near the University of Puget Sound and other established businesses. The property features three tenants, all operating under triple-net (NNN) leases, ensuring minimal landlord responsibilities and a stable income stream. Two of the three tenants have occupied the space for over ten years, demonstrating long-term commitment and stability. The property is zoned NCX, Tacoma, and its location in the third-largest city in Washington State offers significant growth potential, with projections forecasting substantial population and job growth in the coming years. This is a rare opportunity to acquire a well-established, high-performing retail property in a dynamic and growing market. The property features a total of 5,619 square feet of net rentable space. The Pierce County Assessor's Parcel Number (APN) is 324500-2800. There is no ground lease associated with this property.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Tacoma
- County
- Pierce
- State
- Washington
- Longitude
- -122.475
- Latitude
- 47.255
- CBSA code
- 42660
- CBSA name
- SEATTLE-TACOMA-BELLEVUE, WA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$15,126
$542,800
$818,000
$1,360,800
-
$542,800
$818,000
$1,360,800
